Thread
:
Is there any disadvantage to buying a house outright?
View Single Post
#
5
10-12-2007, 10:41 PM
T50_Omaha8
Senior Member
Join Date: Jun 2006
Location: 12-tabling $3 PLO8 Turbos
Posts: 975
Re: Is there any disadvantage to buying a house outright?
The complicating factor is that interest on mortgage payments is tax deductible from your income. This little quirk dramatically shapes our housing market.
T50_Omaha8
View Public Profile
Find all posts by T50_Omaha8